NanoTech Gaming Inc (NTGL)

[skitahoe]

Penny, the only time I've seen successful R/S's is when the shareholders fully understand the reason and fully support it. I'd say if Fayiz took the actions needed to build the shareprice to somewhere around 50 cents while moving us to the OTC, if he then asked for shareholder support to move on the Nasdaq by doing a one for ten I believe investors would probably support it.

The key to success is first elevating the share price to a level where we can accept the decision to do a reasonable reverse split. If shareholders do accept it, the price will rise before and after the split in anticipation of going on the Nasdaq, or other exchange.

The R/S's that are killers are the one for a hundred types intended to bring the share price up to a few cents, or perhaps even a dollar. I've yet to see one where the price didn't fall practically to where it was before the R/S.

If you want to see a R/S that worked properly, take a look at Able RX. Another that's currently in the process and may have substantial price growth is CEXI, the R/S was almost a year ago but it came with a buyout and registration which is just in the process of concluding. I was out of Able before the split but am currently holding CEXI with a small profit though I know people who need $10 to break even, I hope it makes it.

Gary